Chapter 400: Completely broken game market

William White's thoughts were well understood, but the game market was hopeless. All kinds of junk games flooded and destroyed, completely destroyed consumer confidence.
The summer stalls of Lao Mei are not only the time when the movie theater gets rich. In fact, electronic products in this period are also very good to sell. In other words, everything suitable for students will be hot.
It is a pity that the well-prepared game manufacturers have not ushered in the peak season they expected. The sales data collapsed quickly, and in just over a month, the sales data fell to the bottom.
When doing business in the US, no one talks to you about anything. The first thing you need to look at is data. If your data collapses, these products will be taken off the shelf. They will not let these slow-moving things continue to occupy the shelves.
The sudden news immediately smashed everyone's dream of getting rich. Game companies, including Legendary World, have been hit hard.
At the opening, it plunged 19 percentage points, far beyond everyone's expectations. You know, the fundamentals of the legendary world are still pretty good. Even if you fall, it should be the spin-off software company, right? There is no reason for this situation.
Only this time, Legendary World did not issue any announcements, nor did it ask for suspension, and did not even mean to explain.
"You guys succeeded!"
A week later, Legendary World issued such a statement, which was completely without a head and no brain. At this time, the stock price has fallen by half. Bundling several companies together is less than half the peak.
If the legendary world is a heavy loss, other game companies are sorrowful. The massive accumulation of game cartridges in the warehouse is a disaster.
In less than a year, tens of thousands of games have been created. What dare you expect from them?
In the face of a market that is directly crashing, the Ministry of Justice can only describe itself as crying without tears. Most importantly, the foot basin market seems to have little effect.
Well, they seem to have a spontaneous industry association. For games that enter the market, they have the right to review and grade.
Since there are foot basins, let's just make one, is this not difficult?
Yes, the United States of course can also have, but the industry leader did not intend to do so, and chose to ignore it.
The Legendary World is indeed the only one in the United States. Since they lack interest, others will lose their temper. A few fishes and shrimps, what industry associations really think they can't do it?
These associations in the United States are very interesting. The rating agencies such as movie news are all private organizations with no government involvement.
The only difference may be the comic review department. However, Marvel has ignored it, and many of their comics are sold in the store, and they don't care.
As for the Viking pirates, if you pass the review, he will sell weekly magazines at newsstands. If you dare to whisper, others will ignore it and take it directly to the comic store for sale.
This so-called comic review actually has no meaning.
Without the confirmation of the industry giants, you have no idea whatsoever. There is really no way to do this. If you don’t buy it, you won’t buy it.
"Boss, if you do not repurchase now, there may be a risk of falling." Philson's face was a little heavy. For all this, although he also had expectations, he did not expect it to be so serious.
"Repurchase at this price, how many shares are still in circulation in the market?" William White is also very speechless, can't he always be privatized and delisted?
Besides, why should he let him bear this loss?
A good company is tossed into what it is now. William White is not a big deal. He didn't realize what he was like, and what happened to the stock's decline. Anyway, it was all paper wealth.
The only thing that is thankful is that the loans secured by Legend World’s stock have been repaid a considerable part. The banking system did not intend to trouble him. After all, the amount of remaining loans is not large, and the problem is only the legendary world. His other companies do not have much problems.
He is no problem here, some institutions and fund companies have headaches. If the stock price cannot rebound as soon as possible, they also need to add collateral.
It's just that this game market seems to have little chance. Even if it may improve in the future, it is impossible to restore the previous state.
An antitrust investigation broke down an industry, which is also considered anecdotal. When Legendary World once again raised the banner of layoffs, Peanut's politicians could no longer sit still.
They also understood that William White didn't care about this company at all. In other words, he is confident enough to get all this back.
"Boss, this time the Ministry of Justice is in trouble."
"Ah, this guy is really ruthless, is this a dead net?" said the old guy of Morgan Stanley, because he didn't understand the particularity of this industry. Whatever fish there is broken, as long as the foot pots do not show moths, his position in the game industry cannot be shaken.
"Boss, some organizations choose to ship, how do we deal with it?"
"Ah, I don't worry about this company, because this book is too ugly. Before the PS2 does not appear, the situation will not change."
"Boss, do we maintain this state?"
"Oh, otherwise what else? The quantity is too large, if the sell-off, the stock price may collapse directly."
There was a very discordant scene in the US stock market this summer. Most stocks are rising, only the legendary world is plunging.
As for the culprit responsible for all this, a large number of congressmen are being tolerated. Your antitrust is not impossible. What is your standard? This thing cannot be done wantonly. You must pass a hearing.
See you poorly?
Probably, no one knows what William White’s motive is, but there is one thing, the jurisdiction of the Ministry of Justice must be restricted.
After all, it is wrong to crack down on rice companies in the United States, and this tragedy cannot be allowed to happen again.
Well, the deduction of hats is also very good for the MPs, which is not your exclusive skills of William White.
At this point, the legendary world has become a passerby. The noise of a group of gangsters stirred the whole peanut into a pot of porridge.
"William, is this your purpose?"
"Hah, what a joke, can a Justice Department be worth so much money? George, my book losses exceeded 5 billion, and the company's market value lost 10 billion. The losses for the entire industry are even more difficult to calculate. You think that the Justice Department has So valuable?" Little Bushu was speechless, and William White was really unnecessary.
"Alas, this time the trouble is not small." Xiao Bushu smiled bitterly.
"Oh, the trouble has just begun. If the rights are not bound, we businessmen will not be able to survive." Of course, William White was upset. If it were not for those gold pressure boxes, he would have been mad now.
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